MCB Announces Daily Dividend Payout for ALHIMMF Investors

Karachi: MCB Investment Management Limited, the management company of the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), announced a daily dividend distribution. The Chief Executive Officer, on behalf of the Board of Directors, has approved a dividend of Re. 0.0505 per unit. This dividend will be paid to the unit holders registered at the close of business on 22-JUL-24.

According to information available from the Pakistan Stock Exchange (PSX), the dividend applies to investors listed in the unit holder register at the end of the trading day on 22 July 2024. This regular dividend payout reflects the fund’s ongoing commitment to provide returns to its investors.

The announcement is part of MCB’s strategy to maintain consistent dividend distributions, supporting investor confidence and stability in their investment portfolios.